Sensex, Nifty 50 on RBI MPC announcement day: The stock market went into the red upon open as trading began

Sensex, Nifty 50 on RBI MPC announcement day: The stock market went into the red upon open as trading began on Friday, February 7, 2025

Sensex, Nifty 50 on RBI MPC announcement day:

The stock market went into the red upon opening as trading began on Friday, February 7, the day the new Reserve Bank of India (RBI) governor Sanjay Malhotra is set to announce the interest rate decision of the Monetary Policy Committee (MPC).

At 9:20am, the benchmark BSE Sensex was down by 79.83 points or 0.10%, reaching 77,978.33. The broader NSE Nifty opened 19.50 points down or 0.08% in the red, reaching 23,583.85.